Document and Entity Information
Document and Entity Information | 12 Months Ended |
Dec. 31, 2017shares | |
Statement [Line Items] | |
Document Type | 20-F |
Amendment Flag | false |
Document Period End Date | Dec. 31, 2017 |
Trading Symbol | qtrrf |
Entity Registrant Name | QUATERRA RESOURCES INC |
Entity Central Index Key | 1,339,688 |
Current Fiscal Year End Date | --12-31 |
Entity Filer Category | Non-accelerated Filer |
Entity Common Stock, Shares Outstanding | 200,969,314 |
Entity Current Reporting Status | Yes |
Entity Voluntary Filers | No |
Entity Well Known Seasoned Issuer | No |
Document Fiscal Year Focus | 2,017 |
Document Fiscal Period Focus | FY |
Consolidated Statements of Fina
Consolidated Statements of Financial Position - USD ($) $ in Thousands | Dec. 31, 2017 | Dec. 31, 2016 |
Current assets: | ||
Cash and cash equivalents | $ 1,575 | $ 6,665 |
Other receivable | 3 | 3 |
Marketable securities | 286 | 132 |
Prepaid expenses | 28 | 47 |
Total current assets | 1,892 | 6,847 |
Non-Current Assets | ||
Exploration and evaluation assets | 31,295 | 27,597 |
Reclamation bonds | 60 | 70 |
Total noncurrent assets | 31,355 | 27,667 |
Total Assets | 33,247 | 34,514 |
Current liabilities: | ||
Accounts payable and accrued liabilities | 130 | 111 |
Loan payable | 571 | 540 |
Convertible notes | 0 | 540 |
Total current liabilities | 701 | 1,191 |
Non-current liability | ||
Derivative liability - warrants | 587 | 938 |
Total non-current liabilities | 587 | 938 |
Total Liabilities | 1,288 | 2,129 |
Shareholders' Equity | ||
Share capital | 100,729 | 100,051 |
Share-based payment reserve | 18,729 | 18,560 |
Accumulated comprehensive loss | (62) | (31) |
Deficit | (87,437) | (86,195) |
Shareholders' Equity | 31,959 | 32,385 |
Total Liabilities and Shareholders' Equity | $ 33,247 | $ 34,514 |
Consolidated Statements of Loss
Consolidated Statements of Loss and Comprehensive Loss - USD ($) $ in Thousands | 12 Months Ended | ||
Dec. 31, 2017 | Dec. 31, 2016 | Dec. 31, 2015 | |
General administrative expenses | |||
Administration and general office expense | $ 287 | $ 300 | $ 274 |
Consulting | 48 | 92 | 160 |
Depreciation | 0 | 14 | 10 |
Investor relations and communications | 104 | 69 | 72 |
Personnel costs | 645 | 419 | 720 |
Professional fees | 120 | 199 | 275 |
Share-based payments | 169 | 136 | 208 |
Transfer agent and regulatory fees | 70 | 43 | 63 |
Travel and promotion | 91 | 70 | 78 |
Total general administrative expenses | (1,534) | (1,342) | (1,860) |
Exploration partner fees | 0 | 25 | 25 |
Fair value gain (loss) on derivative liability | 351 | 454 | (1,207) |
Foreign exchange gain | (33) | 23 | 70 |
General exploration costs | 0 | (6) | (18) |
Gain (loss) on disposal of assets | 186 | 536 | (42) |
Loss on settlement of convertible notes | (100) | 0 | 0 |
Impairments | 0 | (1,480) | 0 |
Interest expense | (112) | (75) | (72) |
Total other gains (losses) | 292 | (523) | (1,244) |
Net loss for the year | (1,242) | (1,865) | (3,104) |
Items that maybe reclassified to profit and loss | |||
Net change in fair value of marketable securities | (31) | (31) | 0 |
Comprehensive loss for the year | $ (1,273) | $ (1,896) | $ (3,104) |
Loss per share - basic and diluted | $ (0.01) | $ (0.01) | $ (0.02) |
Weighted average number of common shares outstanding | 199,450,814 | 193,479,416 | 193,479,416 |
Consolidated Statements of Cash
Consolidated Statements of Cash Flows - USD ($) $ in Thousands | 12 Months Ended | ||
Dec. 31, 2017 | Dec. 31, 2016 | Dec. 31, 2015 | |
Operating activities | |||
Net loss for the year | $ (1,242) | $ (1,865) | $ (3,104) |
Items not involving cash: | |||
Depreciation | 0 | 14 | 10 |
Fair value (gain) loss on derivative liability | (351) | (454) | 1,207 |
Impairments of mineral properties | 0 | 1,480 | 0 |
Interest expense | 79 | 70 | 83 |
Gain on disposal of assets | (186) | (536) | 42 |
Loss on settlement of convertible notes | 100 | 0 | 0 |
Share-based payments | 169 | 136 | 208 |
Cash flows from (used in) operations before changes in working capital | (1,431) | (1,155) | (1,554) |
Changes in non-cash working capital | |||
Other receivable | 0 | 2 | (1) |
Prepaid expenses | 19 | 34 | (15) |
Accounts payable and accrued liabilities | (31) | 92 | (197) |
Cash used in operating activities | (1,443) | (1,027) | (1,767) |
Financing activities | |||
Loan payable | 0 | 0 | 500 |
Cash provided by financing activities | 0 | 0 | 500 |
Investing activities | |||
Expenditures on mineral properties | (6,122) | (5,145) | (3,684) |
Recovery from exploration partners | 0 | 48 | (22) |
Proceeds from option agreement | 2,393 | 5,075 | 4,575 |
Proceeds from sale of mineral properties | 0 | 3,000 | 3,500 |
Net proceeds from disposal of assets | 0 | 343 | 0 |
Reclamation bonds | (10) | (18) | 9 |
Cash provided by in investing activities | (3,739) | 3,303 | 4,378 |
Effect of foreign exchange on cash | 92 | (133) | (72) |
Increase in cash and cash equivalents | (5,090) | 2,143 | 3,039 |
Cash and cash equivalents, beginning of year | 6,665 | 4,522 | 1,483 |
Cash and cash equivalents, end of year | 1,575 | 6,665 | 4,522 |
Supplemental cash flow information | |||
Exploration expenditures included in accounts payable | 63 | 75 | 398 |
Interest paid in cash | 53 | 0 | 0 |
Shares issued for interest | $ 80 | $ 0 | $ 0 |
Consolidated Statements of Chan
Consolidated Statements of Changes in Equity - USD ($) $ in Thousands | Total | Common Shares [Member] | Share-based payment reserve [Member] | Accumulated other comprehensive loss [Member] | Deficit [Member] |
Beginning Balance (shares) at Dec. 31, 2014 | 193,479,416 | ||||
Beginning Balance at Dec. 31, 2014 | $ 35,827 | $ 100,051 | $ 17,002 | $ (81,226) | |
Statement [Line Items] | |||||
Share-based payments | 208 | 208 | |||
Derivative liability - warrants | 1,214 | 1,214 | |||
Net loss for the year | (3,104) | (3,104) | |||
Ending Balance (shares) at Dec. 31, 2015 | 193,479,416 | ||||
Ending Balance at Dec. 31, 2015 | 34,145 | $ 100,051 | 18,424 | (84,330) | |
Statement [Line Items] | |||||
Share-based payments | 136 | 136 | |||
Other comprehensive loss | (31) | $ (31) | |||
Net loss for the year | (1,865) | (1,865) | |||
Ending Balance (shares) at Dec. 31, 2016 | 193,479,416 | ||||
Ending Balance at Dec. 31, 2016 | 32,385 | $ 100,051 | 18,560 | (31) | (86,195) |
Statement [Line Items] | |||||
Shares issued to settle convertible notes | 678 | $ 678 | |||
Shares issued to settle convertible notes (Shares) | 7,489,898 | ||||
Share-based payments | 169 | 169 | |||
Other comprehensive loss | (31) | (31) | |||
Net loss for the year | (1,242) | (1,242) | |||
Ending Balance (shares) at Dec. 31, 2017 | 200,969,314 | ||||
Ending Balance at Dec. 31, 2017 | $ 31,959 | $ 100,729 | $ 18,729 | $ (62) | $ (87,437) |
NATURE OF OPERATIONS AND GOING
NATURE OF OPERATIONS AND GOING CONCERN | 12 Months Ended |
Dec. 31, 2017 | |
Statement [Line Items] | |
NATURE OF OPERATIONS AND GOING CONCERN [Text Block] | 1. NATURE OF OPERATIONS AND GOING CONCERN Quaterra Resources Inc. (together with its subsidiaries, “ Quaterra Company The Company defers all acquisition, exploration and evaluation costs related to the properties on which it is conducting exploration. The nature of the Company’s operations requires significant expenditures for the acquisition, exploration, and development of those mineral properties. The underlying value of the amounts recorded as mineral properties and the Company’s continued existence is dependent upon the existence of economically recoverable mineral reserves and the ability of the Company to acquire new properties and obtain funding to complete the exploration activities. The carrying value of the Company’s mineral properties does not reflect current or future values. These consolidated financial statements are prepared on a going concern basis which assumes that the Company will be able to realize its assets and discharge its liabilities in the normal course of business. As at December 31, 2017, the Company had working capital of $1.191 million. The Company has no source of revenue, has significant cash requirements to meet its administrative overhead, pay its liabilities and have to renegotiate certain mineral property option payments. The Company will need to raise funds to continue its exploration activities; while it has been successful in doing so in the past, there can be no assurance it will be able to do so in the future. These conditions cast substantial doubt on the Company’s ability to continue as a going concern. These consolidated financial statements do not reflect the adjustments to the carrying value of assets and liabilities and the reported expenses and balance sheet classifications that would be necessary were the going concern assumption inappropriate. Such adjustments could be material. |
SIGNIFICANT ACCOUNTING POLICIES
SIGNIFICANT ACCOUNTING POLICIES AND FUTURE ACCOUNTING CHANGES | 12 Months Ended |
Dec. 31, 2017 | |
Statement [Line Items] | |
SIGNIFICANT ACCOUNTING POLICIES AND FUTURE ACCOUNTING CHANGES [Text Block] | 2. SIGNIFICANT ACCOUNTING POLICIES AND FUTURE ACCOUNTING CHANGES Significant Accounting Policies These consolidated financial statements have been prepared in accordance with International Financial Reporting Standards (“ IFRS a) Basis of presentation and consolidation These consolidated financial statements have been prepared on a historical cost basis, except for financial instruments classified as available-for-sale and the derivative financial liability, which are stated at their fair values. The Company consolidates an entity when it has power over that entity, is exposed, or has rights, to variable returns from its involvement with that entity and has the ability to affect those returns through its power over that entity. All material intercompany transactions, balances and expenses are eliminated on consolidation. These consolidated financial statements incorporate the financial statements of Quaterra and its wholly-owned subsidiaries: Quaterra Alaska Inc., Singatse Peak Services, LLC, Six Mile Mining Company, Quaterra International Limited, and QTA International Nieves Limited. b) Accounting estimates and judgments The preparation of the financial statements in conformity with IFRS requires management to make judgments, estimates and assumptions that affect the application of policies, reported amounts and disclosures. Actual results could differ from those estimates. Differences may be material. c) Translation of foreign currencies The Company’s presentation currency is the U.S. dollar (“ $ USD In preparing the financial statements, transactions in currencies other than an entity’s functional currency (“ foreign currencies d) Exploration and evaluation assets Direct costs related to the acquisition and exploration of mineral properties held or controlled by the Company are capitalized on an individual property basis until the property is put into production, sold, abandoned, or determined to be impaired. Administration costs and general exploration costs are expensed as incurred. When the technical feasibility and commercial viability of extracting a mineral resource are demonstrable, the exploration and evaluation costs are transferred to property and equipment. When a property is placed into commercial production, capitalized costs will be depleted using the units-of-production method. Proceeds from the sale of properties or cash proceeds received from farm-out agreements are recorded as a reduction of the related mineral interest, with any excess proceeds accounted for in net income (loss). Although the Company has taken steps to verify title to mineral properties in which it has an interest, these procedures do not guarantee the Company’s title. Such properties may be subject to prior agreements or transfers, or title may be affected by undetected defects. e) Impairment The Company’s assets are reviewed for indication of impairment at each reporting date. If any such indication exists, an estimate of the recoverable amount is undertaken, being the higher of an asset’s fair value less costs of disposal and value in use. If the asset’s carrying amount exceeds its recoverable amount then an impairment loss is recognized in the statement of loss. An impairment loss is reversed if there is an indication that there has been a change in the estimates used to determine the recoverable amount. An impairment loss is reversed only to the extent that this does not exceed the original carrying amount that if no impairment loss had been recognized. f) Convertible notes The Company’s convertible notes are split into their corresponding debt and equity components at the date of issue. The debt component is classified as a liability and recorded at the present value of the Company’s obligation to make future principal and interest payments. The equity component represents the value of the conversion right and attached warrants and is determined using the residual value approach. g) Share-based payments The fair value of stock options granted to directors, officers, employees and consultants is calculated using the Black Scholes option pricing model and are expensed over the vesting periods. If and when the stock options are exercised, the value attributable to the stock options is transferred to share capital. h) Cash and cash equivalents Cash and cash equivalents consist of cash on hand, bank deposits and highly liquid investments with an original maturity of 90 days or less. i) Financial instruments Financial instruments are classified as one of the following: fair value through profit or loss (“ FVTPL Financial assets and liabilities designated as FVTPL are subsequently measured at fair value with changes in fair value recognized in net loss. Financial assets designated as “available-for-sale” are subsequently measured at fair value with unrealized gains and losses recognized in other comprehensive loss. Financial assets designated as “loans and receivables” or “held-to-maturity”, and financial liabilities designated as “other financial liabilities” are measured at amortized cost. The Company has classified cash and cash equivalents, other receivable as “loans and receivables”; marketable securities as “financial assets at FVTPL”; accounts payable and accrued liabilities, loan payable as “other financial liabilities”; and derivative liability as “held-for-trading”. j) Provisions Provisions are recognized when a present legal or constructive obligation exists as a result of past events where it is probable that an outflow of resources embodying economic benefits will be required to settle the obligation, and the amount of the obligation can be reliably estimated. The amount recognized as a provision is the best estimate of the consideration required to settle the present obligation at the reporting date, taking into account the risks and uncertainties surrounding the obligation. The Company had no material provisions at December 31, 2017 and 2016. k) Earnings (loss) per share Basic earnings (loss) per share is calculated using the weighted average number of common shares outstanding during the year. The Company uses the treasury stock method to compute the dilutive effect of options, warrants and similar instruments. Under this method the dilutive effect on earnings per share is calculated presuming the exercise of outstanding options, warrants and similar instruments. It assumes that the proceeds of such exercise would be used to repurchase common shares at the average market price during the year. However, the calculation of diluted loss per share excludes the effects of various conversions and exercise of options and warrants that would be anti-dilutive. l) Income tax Income tax comprises current and deferred tax. Income tax is recognized in net loss, except to the extent it is related to items recognized directly in equity or in other comprehensive loss. Deferred tax is recognized in respect of temporary differences arising between the tax bases of assets and liabilities and their carrying amounts in the consolidated financial statements. Deferred tax is determined on a non–discounted basis using tax rates and laws that have been enacted or substantively enacted by the reporting date and are expected to apply when the deferred tax asset or liability is settled. Deferred tax assets are recognized to the extent that it is probable that the assets can be recovered. Recent and Future Accounting Changes The Company has reviewed new and revised accounting pronouncements that have been issued but are not yet effective. IFRS 9, Fin ancial Instruments, Financial Instruments: Recognition and Measurement. IFRS 16, Le ases, Leases |
MARKETABLE SECURITIES
MARKETABLE SECURITIES | 12 Months Ended |
Dec. 31, 2017 | |
Statement [Line Items] | |
MARKETABLE SECURITIES [Text Block] | 3. MARKETABLE SECURITIES The Company was originally issued 1,182,331 common shares of Grande Portage Resources Ltd. (“ Grande Portage These shares are classified as available-for-sale and recorded at fair market value determined by reference to their closing share price at each reporting date. Any fair value gain or loss is recognized in the other comprehensive income (loss) at each reporting date. During the year ended December 31, 2017, a $31,324 loss was recognized in other comprehensive income (loss). |
EXPLORATION AND EVALUATION ASSE
EXPLORATION AND EVALUATION ASSETS | 12 Months Ended |
Dec. 31, 2017 | |
Statement [Line Items] | |
EXPLORATION AND EVALUATION ASSETS [Text Block] | 4. EXPLORATION AND EVALUATION ASSETS The Company owns a 100% interest in the MacArthur and Yerington properties, and has an option to earn a 100% interest in the Bear and Wassuk properties, which are located in Yerington District, Nevada. In April 2017, the Company entered into a lease agreement with Chuchuna Minerals Company (“ Chuchuna On September 11, 2017, Freeport-McMoRan Nevada LLC (“ Freeport Nevada Option Agreement During the year ended December 31, 2017, the Company spent $4.58 million in Yerington and $1.5 million in exploration work at Groundhog. Total mineral property maintenance and exploration costs are listed in the table below: United States Mexico MacArthur Yerington Bear Wassuk Groundhog Other Nieves Total $ $ $ $ $ $ $ $ December 31, 2015 18,700 9,315 3,750 660 - 1,562 2,388 36,375 Option payments (368 ) (231 ) (3,976 ) - - - (1,500 ) (6,075 ) Balance, December 31, 2015 18,332 9,084 (226 ) 660 - 1,562 888 30,300 Additions: Property maintenance 150 63 1,388 152 - - - 1,753 Geological & mapping - 376 732 - - - - 1,108 Geophysical & survey 79 154 46 - - - - 279 Assay & labs 4 1 80 - - - - 85 Drilling - - 1,150 - - - - 1,150 Other 47 78 322 - - - - 447 280 672 3,718 152 - - - 4,822 Disposal - - - - - (82 ) (888 ) (970 ) Impairment - - - - - (1,480 ) - (1,480 ) Option payments (1,075 ) (356 ) (3,492 ) (152 ) - - - (5,075 ) Balance, December 31, 2016 17,537 9,400 - 660 - - - 27,597 Additions: Property maintenance 151 160 895 252 126 - - 1,584 Geological & mapping 47 639 - 6 412 - - 1,104 Geophysical & survey 34 240 95 1 525 - - 895 Assay & labs 42 104 - 85 - - - 231 Drilling 300 1,393 4 - 200 - - 1,897 Other - 131 1 - 248 - 380 574 2,667 995 344 1,511 - - 6,091 Option payments (223 ) (1,495 ) (675 ) - - - - (2,393 ) Balance, December 31, 2017 17,888 10,572 320 1,004 1,511 - - 31,295 a) MacArthur, Nevada The Company earned its 100% interest in the MacArthur property by paying $2.2 million over 10 years. The property is subject to a 2% net smelter return royalty (“ NSR b) Yerington Pit, Nevada The Company acquired a 100% interest in the Yerington property from the Arimetco bankruptcy proceeding in April 2011 for $500,000 cash and 250,000 common shares. The acquisition followed years of due-diligence studies and negotiations with state and federal agencies and the receipt of Bona Fide Prospective Purchase letters from the U.S. Environmental Protection Agency (“ EPA The property has a 2% NSR royalty capped at $7.5 million on commencement of commercial production. c) Bear, Nevada Bear Deposit consists of five option agreements covering private land in Yerington, Nevada. Under the terms of these option agreements, as amended, the Company is required to make approximately $5.0 million in cash payments over 11 years ($3.72 million paid) in order to maintain the exclusive right to purchase the land, mineral rights and certain water rights and to conduct mineral exploration on these properties. Aggregate payments due under the five option agreements by year are as follows: • $1,458,774 paid prior to December 31, 2015; • $1,363,258 due in 2016 (paid); • $895,258 due in 2017 (paid); • $688,000 due in 2018; • $238,000 due in 2019; • $188,000 due in 2020; • $63,000 each due in 2021 and 2022, respectively; and • $51,000 due in 2023 d) Wassuk, Nevada The Company has an option to earn an interest in certain unpatented mining claims in Lyon County, Nevada, over ten years and is required to make $1.51 million in cash payments ($850,000 paid) and incur a work commitment of $300,000 ($92,112 incurred) by August 1, 2018 as below: • $550,000 paid up to August 1, 2015; • $100,000 on or before August 1, 2016 (paid); • $200,000 each on or before August 1, 2017 (paid) and 2018; and • $230,000 each on or before August 1, 2019 and 2020, respectively. The property is subject to a 3% NSR royalty upon commencing commercial production, which can be reduced to a 2% NSR royalty in consideration for $1.5 million. e) Groundhog, Alaska On April 25, 2017, the Company announced it signed a lease agreement with Chuchuna Minerals Company giving it an option to acquire a 90% interest in the Groundhog copper prospect, located 200 miles southwest of Anchorage, Alaska. To earn the 90% interest, the Company is required to fund a total of $5.0 million of exploration expenditure over five years ($1.5 million made in 2017), and to make a lump sum payment to Chuchuna of $3.0 million by the end of the fifth year. The Company has no obligation to exercise its option and can terminate the agreement at its discretion annually. If the Company exercises its option to acquire 90% of Groundhog, Chuchuna and Quaterra will enter into a joint venture agreement. Chuchuna will retain a 10% interest in the property carried to production, and a NSR royalty of 1.75%. Within the first ten years the Company may purchase 50% of the NSR by paying Chuchuna $25 million. |
LOAN PAYABLE
LOAN PAYABLE | 12 Months Ended |
Dec. 31, 2017 | |
Statement [Line Items] | |
LOAN PAYABLE [Text Block] | 5. LOAN PAYABLE On May 8, 2015, the Company entered into a $500,000 secured note (“ Loan Payable The Loan Payable bears an annual interest of 5%, compound daily, and is due by March 10, 2018, 180 days following the termination notice of the Option Agreement on September 11, 2017. Subsequent to the year end, the Company further extended repayment by 180 days to September 6, 2018 and paid a $28,816 extension fee to Freeport Nevada. |
CONVERTIBLE NOTES
CONVERTIBLE NOTES | 12 Months Ended |
Dec. 31, 2017 | |
Statement [Line Items] | |
CONVERTIBLE NOTES [Text Block] | 6. CONVERTIBLE NOTES On July 2, 2014, the Company closed a non-brokered private placement of 500 units for gross proceeds of $500,000. Each unit comprised of one non-transferable convertible redeemable promissory note (“ Notes On February 25, 2017, the Company’s shares had achieved a minimum closing price of CAD$0.12 for a 10 -consecutive trading day period on the TSX venture Exchange, and accordingly, the principal of the Notes was automatically converted into 6,609,000 shares at a rate of CAD$0.10 per share. Of the interest due, $79,977 was paid by issuing 880,898 shares, and the remaining interest of $53,315 was paid in cash. On March 16, 2017, the Company issued 7,489,898 common shares and paid $53,315 cash to settle the convertible notes and related interest. As a result, a $100,000 loss on the settlement of the convertible notes was recorded in the statement of loss and comprehensive loss. |
DERIVATIVE LIABILITY
DERIVATIVE LIABILITY | 12 Months Ended |
Dec. 31, 2017 | |
Statement [Line Items] | |
DERIVATIVE LIABILITY [Text Block] | 7. DERIVATIVE LIABILITY The Company has certain warrants that are either exercisable in a different currency from the Company’s functional currency, or the number of shares to be issued upon exercising are subject to change. They are classified as derivative liabilities and carried at fair value and revalued at each reporting date. As of December 31, 2017, the derivative liabilities were related to the 19,000,000 warrants expiring Oct 4, 2019 and revalued at $587,100 using the weighted average assumptions: volatility of 133%, expected term of 1.75 year, discount rate of 1.68% and dividend yield of 0%. |
SHARE CAPITAL
SHARE CAPITAL | 12 Months Ended |
Dec. 31, 2017 | |
Statement [Line Items] | |
SHARE CAPITAL [Text Block] | 8. SHARE CAPITAL The Company is authorized to issue an unlimited number of common shares without par value. On March 16, 2017, the Company settled the convertible debt including principal and a portion of the interest accrued by issuing a total of 7,489,898 common shares (Note 6). There were no shares issued in the year ended December 31, 2016. |
SHARE-BASED PAYMENTS
SHARE-BASED PAYMENTS | 12 Months Ended |
Dec. 31, 2017 | |
Statement [Line Items] | |
SHARE-BASED PAYMENTS [Text Block] | 9. SHARE-BASED PAYMENTS a) Stock options The Company has a stock option plan under which the Company is authorized to grant stock options of up to 10% of the number of common shares issued and outstanding of the Company at any given time. The following table presents changes in stock options outstanding and exercisable: December 31, 2017 December 31, 2016 Number of Weighted Average Number of Weighted Average Options Exercise Price (CAD$) Options Exercise Price (CAD$) Outstanding, beginning of year 15,710,000 0.16 15,765,000 0.38 Granted 2,900,000 0.10 3,025,000 0.065 Expired (2,500,000 ) (0.45 ) (2,870,000 ) (1.24 ) Forfeiture (60,000 ) (0.10 ) (210,000 ) (0.32 ) Outstanding, end of year 16,050,000 0.16 15,710,000 0.16 Exercisable, end of year 15,850,000 0.17 15,310,000 0.17 The following table summarizes stock options outstanding by expiry dates with exercise price at the date of recording in Canadian dollars: Number of Options Outstanding Expiry Date Exercise Price (CAD$) December 31, 2017 December 31, 2016 March 27, 2017 0.50 – 100,000 June 28, 2017 0.45 – 2,400,000 September 19, 2018 0.16 3,760,000 3,760,000 June 25, 2019 0.10 2,815,000 2,815,000 December 31, 2019 0.05 1,000,000 1,000,000 March 26, 2020 0.05 200,000 200,000 July 16, 2020 0.13 2,380,000 2,410,000 April 14, 2021 0.065 2,995,000 3,025,000 June 23, 2022 0.095 2,900,000 – 16,050,000 15,710,000 The Company used the following assumptions in the Black-Scholes option pricing model: December 31, 2017 December 31, 2016 December 31, 2015 Weighted average share price CAD0.08 CAD0.06 CAD0.09 Risk–free interestrate 0.60% 0.60% 0.48% Expected share price volatility 85% 141% 143% Expected option life in years 5.0 5.0 5.0 Forfeiture rate 0% 0% 0% Expected dividend yield 0% 0% 0% Share-based payment expenses were allocated as follows: Year ended December 31, 2017 2016 2015 $ $ $ Consultants 55 30 38 Directors and officers 88 85 146 Employees 26 21 24 169 136 208 b) Share purchase warrants The following table summarizes warrants outstanding as of December 31, 2017 and 2016: Expiry date Exercise price Number of Warrants January 2, 2018 CAD0.16 5,721,000 September 13, 2018 $ 0.15 29,810,000 October 3, 2019 $ 0.16 19,000,000 54,531,000 Subsequent to year end, 5,721,000 warrants expired unexercised. |
RELATED PARTY TRANSACTIONS
RELATED PARTY TRANSACTIONS | 12 Months Ended |
Dec. 31, 2017 | |
Statement [Line Items] | |
RELATED PARTY TRANSACTIONS [Text Block] | 10. RELATED PARTY TRANSACTIONS a) The Company’s related parties include its directors and officers who are the key management of the Company. The remuneration of directors and officers was as follows, subject to change of control provisions for officers: Year ended December 31, 2017 2016 2015 $ $ $ Salaries 431 367 517 Directors' fees 36 36 18 Share-based payments 88 85 146 555 488 681 b) Manex Resource Group (“ Manex |
SEGMENTED INFORMATION
SEGMENTED INFORMATION | 12 Months Ended |
Dec. 31, 2017 | |
Statement [Line Items] | |
SEGMENTED INFORMATION [Text Block] | 11. SEGMENTED INFORMATION The Company has one business segment, the exploration of mineral properties. As of December 31, 2017 and 2016, all the Company’s significant non-current assets are located in the United States. |
COMMITMENTS
COMMITMENTS | 12 Months Ended |
Dec. 31, 2017 | |
Statement [Line Items] | |
COMMITMENTS [Text Block] | 12. COMMITMENTS To acquire certain mineral property interests in Nevada (Note 4), the Company must make optional acquisition expenditures in order to satisfy the terms of existing option agreements, failing which the rights to such mineral properties will revert back to the property vendors. |
DEFERRED INCOME TAXES
DEFERRED INCOME TAXES | 12 Months Ended |
Dec. 31, 2017 | |
Statement [Line Items] | |
DEFERRED INCOME TAXES [Text Block] | 13. DEFERRED INCOME TAXES a) A reconciliation of income tax provision computed at Canadian statutory rates to the reported income tax provision is provided as follows: 2017 2016 Loss for the year $ (1,240 ) $ ( 1,865 ) Canadian statutory tax rate 26% 26% Income tax benefit computed at statutory rates (323 ) (485 ) Foreign tax rates different from statutory rates (29 ) (145 ) Other - (77 ) Rate difference between current and deferred taxes 4,312 (138 ) Foreign exchange gains or losses (425 ) - Permanent differences (33 ) 513 Change in unused tax losses and tax offsets (3,502 ) 332 $ - $ - The Company recognizes tax benefits on losses or other deductible amounts generated in countries where it is probable the deferred tax assets will be recovered. The Company’s unrecognized deductible temporary differences and unused tax losses for which no deferred tax asset is recognized consist of the following amounts: 2017 2016 Non-capital losses $ 9,255 $ 33,583 Capital loss 2,337 - Tax value over book value of mineral properties 3,352 4,329 Tax value over book value of equipment 12 69 Tax value over book value of investments and share issue costs 16 90 Unrecognized deductible temporary differences $ 14,972 $ 38,071 The Company’s unused non-capital losses expire as follows: Canada United States 2022 - 2026 $ 557 $ 713 2027 - 2036 18,313 19,098 Total $ 18,870 $ 19,811 The Company’s unused capital losses of $17.3 million are available to carry forward indefinitely. |
CAPITAL MANAGEMENT
CAPITAL MANAGEMENT | 12 Months Ended |
Dec. 31, 2017 | |
Statement [Line Items] | |
CAPITAL MANAGEMENT [Text Block] | 14. CAPITAL MANAGEMENT The Company considers its capital to be equity, comprising share capital, reserves and deficit. The Company’s objectives are to ensure sufficient financial flexibility to achieve the ongoing business objectives including funding of future growth opportunities, pursuit of accretive acquisitions, and to maximize shareholder return through enhancing the share value. The Company manages capital through its budgeting and forecasting processes. The Company reviews its working capital and forecasts its future cash flows based on operating expenditures, and other investing and financing activities. To maintain its objectives, the Company may issue new shares, adjust capital spending, acquire or dispose of assets. There is no assurance that these initiatives will be successful. There was no change in the Company’s approach to capital management during the year ended December 31, 2017. The Company is not subject to any externally imposed capital requirements. |
FINANCIAL INSTRUMENT RISK
FINANCIAL INSTRUMENT RISK | 12 Months Ended |
Dec. 31, 2017 | |
Statement [Line Items] | |
FINANCIAL INSTRUMENT RISK [Text Block] | 15. FINANCIAL INSTRUMENT RISK The board of directors has overall responsibility for the establishment and oversight of the Company’s risk management framework. The Company examines the various financial instrument risk to which it is exposed and assesses the impact and likelihood of those risks. a) Liquidity risk Liquidity risk is the risk that the Company will not be able to meet its financial obligations as they fall due. The Company manages liquidity risk by forecasting cash flows. Cash is invested in highly liquid investments which are available to discharge obligations when they come due. Please see Note 1. b) Credit risk Credit risk is the risk of a financial loss to the Company if a customer or counterparty to a financial instrument fails to meet its contractual obligations. The Company is exposed to credit risk through its cash and cash equivalents which are held in large Canadian financial institutions that have high credit ratings assigned by international credit ratings agencies. The Company believes this credit risk is insignificant. c) Market risk The Company is exposed to market risk because of the fluctuating values of its publicly traded marketable securities. The Company has no control over these fluctuations and does not hedge its investments. Marketable securities are adjusted to fair value at each reporting date. |
Summary of Significant Accounti
Summary of Significant Accounting Policies (Policies) | 12 Months Ended |
Dec. 31, 2017 | |
Statement [Line Items] | |
Basis of presentation and consolidation [Policy Text Block] | a) Basis of presentation and consolidation These consolidated financial statements have been prepared on a historical cost basis, except for financial instruments classified as available-for-sale and the derivative financial liability, which are stated at their fair values. The Company consolidates an entity when it has power over that entity, is exposed, or has rights, to variable returns from its involvement with that entity and has the ability to affect those returns through its power over that entity. All material intercompany transactions, balances and expenses are eliminated on consolidation. These consolidated financial statements incorporate the financial statements of Quaterra and its wholly-owned subsidiaries: Quaterra Alaska Inc., Singatse Peak Services, LLC, Six Mile Mining Company, Quaterra International Limited, and QTA International Nieves Limited. |
Accounting estimates and judgments [Policy Text Block] | b) Accounting estimates and judgments The preparation of the financial statements in conformity with IFRS requires management to make judgments, estimates and assumptions that affect the application of policies, reported amounts and disclosures. Actual results could differ from those estimates. Differences may be material. |
Translation of foreign currencies [Policy Text Block] | c) Translation of foreign currencies The Company’s presentation currency is the U.S. dollar (“ $ USD In preparing the financial statements, transactions in currencies other than an entity’s functional currency (“ foreign currencies |
Cash and cash equivalents [Policy Text Block] | h) Cash and cash equivalents Cash and cash equivalents consist of cash on hand, bank deposits and highly liquid investments with an original maturity of 90 days or less. |
Exploration and evaluation assets [Policy Text Block] | d) Exploration and evaluation assets Direct costs related to the acquisition and exploration of mineral properties held or controlled by the Company are capitalized on an individual property basis until the property is put into production, sold, abandoned, or determined to be impaired. Administration costs and general exploration costs are expensed as incurred. When the technical feasibility and commercial viability of extracting a mineral resource are demonstrable, the exploration and evaluation costs are transferred to property and equipment. When a property is placed into commercial production, capitalized costs will be depleted using the units-of-production method. Proceeds from the sale of properties or cash proceeds received from farm-out agreements are recorded as a reduction of the related mineral interest, with any excess proceeds accounted for in net income (loss). Although the Company has taken steps to verify title to mineral properties in which it has an interest, these procedures do not guarantee the Company’s title. Such properties may be subject to prior agreements or transfers, or title may be affected by undetected defects. |
Impairment [Policy Text Block] | e) Impairment The Company’s assets are reviewed for indication of impairment at each reporting date. If any such indication exists, an estimate of the recoverable amount is undertaken, being the higher of an asset’s fair value less costs of disposal and value in use. If the asset’s carrying amount exceeds its recoverable amount then an impairment loss is recognized in the statement of loss. An impairment loss is reversed if there is an indication that there has been a change in the estimates used to determine the recoverable amount. An impairment loss is reversed only to the extent that this does not exceed the original carrying amount that if no impairment loss had been recognized. |
Convertible notes [Policy Text Block] | f) Convertible notes The Company’s convertible notes are split into their corresponding debt and equity components at the date of issue. The debt component is classified as a liability and recorded at the present value of the Company’s obligation to make future principal and interest payments. The equity component represents the value of the conversion right and attached warrants and is determined using the residual value approach. |
Share-based payments [Policy Text Block] | g) Share-based payments The fair value of stock options granted to directors, officers, employees and consultants is calculated using the Black Scholes option pricing model and are expensed over the vesting periods. If and when the stock options are exercised, the value attributable to the stock options is transferred to share capital. |
Financial instruments [Policy Text Block] | i) Financial instruments Financial instruments are classified as one of the following: fair value through profit or loss (“ FVTPL Financial assets and liabilities designated as FVTPL are subsequently measured at fair value with changes in fair value recognized in net loss. Financial assets designated as “available-for-sale” are subsequently measured at fair value with unrealized gains and losses recognized in other comprehensive loss. Financial assets designated as “loans and receivables” or “held-to-maturity”, and financial liabilities designated as “other financial liabilities” are measured at amortized cost. The Company has classified cash and cash equivalents, other receivable as “loans and receivables”; marketable securities as “financial assets at FVTPL”; accounts payable and accrued liabilities, loan payable as “other financial liabilities”; and derivative liability as “held-for-trading”. |
Provisions [Policy Text Block] | j) Provisions Provisions are recognized when a present legal or constructive obligation exists as a result of past events where it is probable that an outflow of resources embodying economic benefits will be required to settle the obligation, and the amount of the obligation can be reliably estimated. The amount recognized as a provision is the best estimate of the consideration required to settle the present obligation at the reporting date, taking into account the risks and uncertainties surrounding the obligation. The Company had no material provisions at December 31, 2017 and 2016. |
Earnings (loss) per share [Policy Text Block] | k) Earnings (loss) per share Basic earnings (loss) per share is calculated using the weighted average number of common shares outstanding during the year. The Company uses the treasury stock method to compute the dilutive effect of options, warrants and similar instruments. Under this method the dilutive effect on earnings per share is calculated presuming the exercise of outstanding options, warrants and similar instruments. It assumes that the proceeds of such exercise would be used to repurchase common shares at the average market price during the year. However, the calculation of diluted loss per share excludes the effects of various conversions and exercise of options and warrants that would be anti-dilutive. |
Income tax [Policy Text Block] | l) Income tax Income tax comprises current and deferred tax. Income tax is recognized in net loss, except to the extent it is related to items recognized directly in equity or in other comprehensive loss. Deferred tax is recognized in respect of temporary differences arising between the tax bases of assets and liabilities and their carrying amounts in the consolidated financial statements. Deferred tax is determined on a non–discounted basis using tax rates and laws that have been enacted or substantively enacted by the reporting date and are expected to apply when the deferred tax asset or liability is settled. Deferred tax assets are recognized to the extent that it is probable that the assets can be recovered. |
EXPLORATION AND EVALUATION AS22
EXPLORATION AND EVALUATION ASSETS (Tables) | 12 Months Ended |
Dec. 31, 2017 | |
Statement [Line Items] | |
Disclosure of detailed information about the mineral property maintenance and exploration costs [Table Text Block] | United States Mexico MacArthur Yerington Bear Wassuk Groundhog Other Nieves Total $ $ $ $ $ $ $ $ December 31, 2015 18,700 9,315 3,750 660 - 1,562 2,388 36,375 Option payments (368 ) (231 ) (3,976 ) - - - (1,500 ) (6,075 ) Balance, December 31, 2015 18,332 9,084 (226 ) 660 - 1,562 888 30,300 Additions: Property maintenance 150 63 1,388 152 - - - 1,753 Geological & mapping - 376 732 - - - - 1,108 Geophysical & survey 79 154 46 - - - - 279 Assay & labs 4 1 80 - - - - 85 Drilling - - 1,150 - - - - 1,150 Other 47 78 322 - - - - 447 280 672 3,718 152 - - - 4,822 Disposal - - - - - (82 ) (888 ) (970 ) Impairment - - - - - (1,480 ) - (1,480 ) Option payments (1,075 ) (356 ) (3,492 ) (152 ) - - - (5,075 ) Balance, December 31, 2016 17,537 9,400 - 660 - - - 27,597 Additions: Property maintenance 151 160 895 252 126 - - 1,584 Geological & mapping 47 639 - 6 412 - - 1,104 Geophysical & survey 34 240 95 1 525 - - 895 Assay & labs 42 104 - 85 - - - 231 Drilling 300 1,393 4 - 200 - - 1,897 Other - 131 1 - 248 - 380 574 2,667 995 344 1,511 - - 6,091 Option payments (223 ) (1,495 ) (675 ) - - - - (2,393 ) Balance, December 31, 2017 17,888 10,572 320 1,004 1,511 - - 31,295 |
SHARE-BASED PAYMENTS (Tables)
SHARE-BASED PAYMENTS (Tables) | 12 Months Ended |
Dec. 31, 2017 | |
Statement [Line Items] | |
Disclosure of number and weighted average exercise prices of share options [Table Text Block] | December 31, 2017 December 31, 2016 Number of Weighted Average Number of Weighted Average Options Exercise Price (CAD$) Options Exercise Price (CAD$) Outstanding, beginning of year 15,710,000 0.16 15,765,000 0.38 Granted 2,900,000 0.10 3,025,000 0.065 Expired (2,500,000 ) (0.45 ) (2,870,000 ) (1.24 ) Forfeiture (60,000 ) (0.10 ) (210,000 ) (0.32 ) Outstanding, end of year 16,050,000 0.16 15,710,000 0.16 Exercisable, end of year 15,850,000 0.17 15,310,000 0.17 |
Disclosure of number and weighted average remaining contractual life of outstanding share options [Table Text Block] | Number of Options Outstanding Expiry Date Exercise Price (CAD$) December 31, 2017 December 31, 2016 March 27, 2017 0.50 – 100,000 June 28, 2017 0.45 – 2,400,000 September 19, 2018 0.16 3,760,000 3,760,000 June 25, 2019 0.10 2,815,000 2,815,000 December 31, 2019 0.05 1,000,000 1,000,000 March 26, 2020 0.05 200,000 200,000 July 16, 2020 0.13 2,380,000 2,410,000 April 14, 2021 0.065 2,995,000 3,025,000 June 23, 2022 0.095 2,900,000 – 16,050,000 15,710,000 |
Disclosure of detailed information about options, valuation assumptions [Table Text Block] | December 31, 2017 December 31, 2016 December 31, 2015 Weighted average share price CAD0.08 CAD0.06 CAD0.09 Risk–free interestrate 0.60% 0.60% 0.48% Expected share price volatility 85% 141% 143% Expected option life in years 5.0 5.0 5.0 Forfeiture rate 0% 0% 0% Expected dividend yield 0% 0% 0% |
Additional information about share-based payment arrangements [Table Text Block] | Year ended December 31, 2017 2016 2015 $ $ $ Consultants 55 30 38 Directors and officers 88 85 146 Employees 26 21 24 169 136 208 |
Disclosure of detailed information about warrants outstanding [Table Text Block] | Expiry date Exercise price Number of Warrants January 2, 2018 CAD0.16 5,721,000 September 13, 2018 $ 0.15 29,810,000 October 3, 2019 $ 0.16 19,000,000 54,531,000 |
RELATED PARTY TRANSACTIONS (Tab
RELATED PARTY TRANSACTIONS (Tables) | 12 Months Ended |
Dec. 31, 2017 | |
Statement [Line Items] | |
Disclosure of information about key management personnel [Table Text Block] | Year ended December 31, 2017 2016 2015 $ $ $ Salaries 431 367 517 Directors' fees 36 36 18 Share-based payments 88 85 146 555 488 681 |
DEFERRED INCOME TAXES (Tables)
DEFERRED INCOME TAXES (Tables) | 12 Months Ended |
Dec. 31, 2017 | |
Statement [Line Items] | |
Disclosure of detailed information about effective income tax expense recovery [Table Text Block] | 2017 2016 Loss for the year $ (1,240 ) $ ( 1,865 ) Canadian statutory tax rate 26% 26% Income tax benefit computed at statutory rates (323 ) (485 ) Foreign tax rates different from statutory rates (29 ) (145 ) Other - (77 ) Rate difference between current and deferred taxes 4,312 (138 ) Foreign exchange gains or losses (425 ) - Permanent differences (33 ) 513 Change in unused tax losses and tax offsets (3,502 ) 332 $ - $ - |
Disclosure of temporary difference, unused tax losses and unused tax credits [text block] [Table Text Block] | 2017 2016 Non-capital losses $ 9,255 $ 33,583 Capital loss 2,337 - Tax value over book value of mineral properties 3,352 4,329 Tax value over book value of equipment 12 69 Tax value over book value of investments and share issue costs 16 90 Unrecognized deductible temporary differences $ 14,972 $ 38,071 |
Disclosure of detailed information about deferred tax assets expiration [Table Text Block] | Canada United States 2022 - 2026 $ 557 $ 713 2027 - 2036 18,313 19,098 Total $ 18,870 $ 19,811 |
NATURE OF OPERATIONS AND GOIN26
NATURE OF OPERATIONS AND GOING CONCERN (Narrative) (Details) $ in Thousands | 12 Months Ended |
Dec. 31, 2017USD ($) | |
Statement [Line Items] | |
Nature Of Operations And Going Concern 1 | $ 1,191 |
SIGNIFICANT ACCOUNTING POLICI27
SIGNIFICANT ACCOUNTING POLICIES AND FUTURE ACCOUNTING CHANGES (Narrative) (Details) | 12 Months Ended |
Dec. 31, 2017d | |
Statement [Line Items] | |
Significant Accounting Policies And Future Accounting Changes 1 | 90 |
MARKETABLE SECURITIES (Narrativ
MARKETABLE SECURITIES (Narrative) (Details) | 12 Months Ended |
Dec. 31, 2017USD ($)shares | |
Statement [Line Items] | |
Marketable Securities 1 | shares | 1,182,331 |
Marketable Securities 2 | 35.00% |
Marketable Securities 3 | shares | 760,464 |
Marketable Securities 4 | $ | $ 1,000,000 |
Marketable Securities 5 | 9.00% |
Marketable Securities 6 | shares | 1,942,795 |
Marketable Securities 7 | $ | $ 286,502 |
Marketable Securities 8 | $ | $ 31,324 |
EXPLORATION AND EVALUATION AS29
EXPLORATION AND EVALUATION ASSETS (Narrative) (Details) | 12 Months Ended |
Dec. 31, 2017USD ($)yrmishares | |
Statement [Line Items] | |
Exploration And Evaluation Assets 1 | 100.00% |
Exploration And Evaluation Assets 2 | 100.00% |
Exploration And Evaluation Assets 3 | 90.00% |
Exploration And Evaluation Assets 4 | $ 14,540,000 |
Exploration And Evaluation Assets 5 | 4,580,000 |
Exploration And Evaluation Assets 6 | $ 1,500,000 |
Exploration And Evaluation Assets 7 | 100.00% |
Exploration And Evaluation Assets 8 | $ 2,200,000 |
Exploration And Evaluation Assets 9 | yr | 10 |
Exploration And Evaluation Assets 10 | 2.00% |
Exploration And Evaluation Assets 11 | 1.00% |
Exploration And Evaluation Assets 12 | $ 1,000,000 |
Exploration And Evaluation Assets 13 | 100.00% |
Exploration And Evaluation Assets 14 | $ 500,000 |
Exploration And Evaluation Assets 15 | shares | 250,000 |
Exploration And Evaluation Assets 16 | 2.00% |
Exploration And Evaluation Assets 17 | $ 7,500,000 |
Exploration And Evaluation Assets 18 | $ 5,000,000 |
Exploration And Evaluation Assets 19 | yr | 11 |
Exploration And Evaluation Assets 20 | $ 3,720,000 |
Exploration And Evaluation Assets 21 | 1,458,774 |
Exploration And Evaluation Assets 22 | 1,363,258 |
Exploration And Evaluation Assets 23 | 895,258 |
Exploration And Evaluation Assets 24 | 688,000 |
Exploration And Evaluation Assets 25 | 238,000 |
Exploration And Evaluation Assets 26 | 188,000 |
Exploration And Evaluation Assets 27 | 63,000 |
Exploration And Evaluation Assets 28 | 51,000 |
Exploration And Evaluation Assets 29 | 1,510,000 |
Exploration And Evaluation Assets 30 | 850,000 |
Exploration And Evaluation Assets 31 | 300,000 |
Exploration And Evaluation Assets 32 | 92,112 |
Exploration And Evaluation Assets 33 | 550,000 |
Exploration And Evaluation Assets 34 | 100,000 |
Exploration And Evaluation Assets 35 | 200,000 |
Exploration And Evaluation Assets 36 | $ 230,000 |
Exploration And Evaluation Assets 37 | 3.00% |
Exploration And Evaluation Assets 38 | 2.00% |
Exploration And Evaluation Assets 39 | $ 1,500,000 |
Exploration And Evaluation Assets 40 | 90.00% |
Exploration And Evaluation Assets 41 | mi | 200 |
Exploration And Evaluation Assets 42 | 90.00% |
Exploration And Evaluation Assets 43 | $ 5,000,000 |
Exploration And Evaluation Assets 44 | 1,500,000 |
Exploration And Evaluation Assets 45 | $ 3,000,000 |
Exploration And Evaluation Assets 46 | 90.00% |
Exploration And Evaluation Assets 47 | 10.00% |
Exploration And Evaluation Assets 48 | 1.75% |
Exploration And Evaluation Assets 49 | 50.00% |
Exploration And Evaluation Assets 50 | $ 25,000,000 |
LOAN PAYABLE (Narrative) (Detai
LOAN PAYABLE (Narrative) (Details) | 12 Months Ended |
Dec. 31, 2017USD ($)d | |
Statement [Line Items] | |
Loan Payable 1 | $ | $ 500,000 |
Loan Payable 2 | 5.00% |
Loan Payable 3 | d | 180 |
Loan Payable 4 | d | 180 |
Loan Payable 5 | $ | $ 28,816 |
CONVERTIBLE NOTES (Narrative) (
CONVERTIBLE NOTES (Narrative) (Details) - 12 months ended Dec. 31, 2017 | USD ($)shares | CAD ($)$ / sharesshares |
Statement [Line Items] | ||
Convertible Notes 1 | shares | 500 | 500 |
Convertible Notes 2 | $ 500,000 | |
Convertible Notes 3 | 11,442 | 11,442 |
Convertible Notes 4 | 10.00% | 10.00% |
Convertible Notes 5 | $ 0.12 | |
Convertible Notes 6 | 10 | 10 |
Convertible Notes 7 | shares | 6,609,000 | 6,609,000 |
Convertible Notes 8 | $ / shares | $ 0.10 | |
Convertible Notes 9 | $ 79,977 | |
Convertible Notes 10 | shares | 880,898 | 880,898 |
Convertible Notes 11 | $ 53,315 | |
Convertible Notes 12 | shares | 7,489,898 | 7,489,898 |
Convertible Notes 13 | $ 53,315 | |
Convertible Notes 14 | $ 100,000 |
DERIVATIVE LIABILITY (Narrative
DERIVATIVE LIABILITY (Narrative) (Details) | 12 Months Ended |
Dec. 31, 2017USD ($)yrshares | |
Statement [Line Items] | |
Derivative Liability 1 | shares | 19,000,000 |
Derivative Liability 2 | $ | $ 587,100 |
Derivative Liability 3 | 133.00% |
Derivative Liability 4 | yr | 1.75 |
Derivative Liability 5 | 1.68% |
Derivative Liability 6 | 0.00% |
SHARE CAPITAL (Narrative) (Deta
SHARE CAPITAL (Narrative) (Details) | 12 Months Ended |
Dec. 31, 2017shares | |
Statement [Line Items] | |
Share Capital 1 | 7,489,898 |
SHARE-BASED PAYMENTS (Narrative
SHARE-BASED PAYMENTS (Narrative) (Details) | 12 Months Ended |
Dec. 31, 2017shares | |
Statement [Line Items] | |
Share-based Payments 1 | 10.00% |
Share-based Payments 2 | 5,721,000 |
RELATED PARTY TRANSACTIONS (Nar
RELATED PARTY TRANSACTIONS (Narrative) (Details) - 12 months ended Dec. 31, 2017 | USD ($) | CAD ($) |
Statement [Line Items] | ||
Related Party Transactions 1 | $ 120,129 | |
Related Party Transactions 2 | $ 156,000 |
DEFERRED INCOME TAXES (Narrativ
DEFERRED INCOME TAXES (Narrative) (Details) $ in Millions | 12 Months Ended |
Dec. 31, 2017USD ($) | |
Statement [Line Items] | |
Deferred Income Taxes 1 | $ 17.3 |
Disclosure of detailed informat
Disclosure of detailed information about the mineral property maintenance and exploration costs (Details) | 12 Months Ended |
Dec. 31, 2017USD ($) | |
Statement [Line Items] | |
Exploration And Evaluation Assets Disclosure Of Detailed Information About The Mineral Property Maintenance And Exploration Costs 1 | $ 18,700 |
Exploration And Evaluation Assets Disclosure Of Detailed Information About The Mineral Property Maintenance And Exploration Costs 2 | 9,315 |
Exploration And Evaluation Assets Disclosure Of Detailed Information About The Mineral Property Maintenance And Exploration Costs 3 | 3,750 |
Exploration And Evaluation Assets Disclosure Of Detailed Information About The Mineral Property Maintenance And Exploration Costs 4 | 660 |
Exploration And Evaluation Assets Disclosure Of Detailed Information About The Mineral Property Maintenance And Exploration Costs 5 | 0 |
Exploration And Evaluation Assets Disclosure Of Detailed Information About The Mineral Property Maintenance And Exploration Costs 6 | 1,562 |
Exploration And Evaluation Assets Disclosure Of Detailed Information About The Mineral Property Maintenance And Exploration Costs 7 | 2,388 |
Exploration And Evaluation Assets Disclosure Of Detailed Information About The Mineral Property Maintenance And Exploration Costs 8 | 36,375 |
Exploration And Evaluation Assets Disclosure Of Detailed Information About The Mineral Property Maintenance And Exploration Costs 9 | (368) |
Exploration And Evaluation Assets Disclosure Of Detailed Information About The Mineral Property Maintenance And Exploration Costs 10 | (231) |
Exploration And Evaluation Assets Disclosure Of Detailed Information About The Mineral Property Maintenance And Exploration Costs 11 | (3,976) |
Exploration And Evaluation Assets Disclosure Of Detailed Information About The Mineral Property Maintenance And Exploration Costs 12 | 0 |
Exploration And Evaluation Assets Disclosure Of Detailed Information About The Mineral Property Maintenance And Exploration Costs 13 | 0 |
Exploration And Evaluation Assets Disclosure Of Detailed Information About The Mineral Property Maintenance And Exploration Costs 14 | 0 |
Exploration And Evaluation Assets Disclosure Of Detailed Information About The Mineral Property Maintenance And Exploration Costs 15 | (1,500) |
Exploration And Evaluation Assets Disclosure Of Detailed Information About The Mineral Property Maintenance And Exploration Costs 16 | (6,075) |
Exploration And Evaluation Assets Disclosure Of Detailed Information About The Mineral Property Maintenance And Exploration Costs 17 | 18,332 |
Exploration And Evaluation Assets Disclosure Of Detailed Information About The Mineral Property Maintenance And Exploration Costs 18 | 9,084 |
Exploration And Evaluation Assets Disclosure Of Detailed Information About The Mineral Property Maintenance And Exploration Costs 19 | (226) |
Exploration And Evaluation Assets Disclosure Of Detailed Information About The Mineral Property Maintenance And Exploration Costs 20 | 660 |
Exploration And Evaluation Assets Disclosure Of Detailed Information About The Mineral Property Maintenance And Exploration Costs 21 | 0 |
Exploration And Evaluation Assets Disclosure Of Detailed Information About The Mineral Property Maintenance And Exploration Costs 22 | 1,562 |
Exploration And Evaluation Assets Disclosure Of Detailed Information About The Mineral Property Maintenance And Exploration Costs 23 | 888 |
Exploration And Evaluation Assets Disclosure Of Detailed Information About The Mineral Property Maintenance And Exploration Costs 24 | 30,300 |
Exploration And Evaluation Assets Disclosure Of Detailed Information About The Mineral Property Maintenance And Exploration Costs 25 | 150 |
Exploration And Evaluation Assets Disclosure Of Detailed Information About The Mineral Property Maintenance And Exploration Costs 26 | 63 |
Exploration And Evaluation Assets Disclosure Of Detailed Information About The Mineral Property Maintenance And Exploration Costs 27 | 1,388 |
Exploration And Evaluation Assets Disclosure Of Detailed Information About The Mineral Property Maintenance And Exploration Costs 28 | 152 |
Exploration And Evaluation Assets Disclosure Of Detailed Information About The Mineral Property Maintenance And Exploration Costs 29 | 0 |
Exploration And Evaluation Assets Disclosure Of Detailed Information About The Mineral Property Maintenance And Exploration Costs 30 | 0 |
Exploration And Evaluation Assets Disclosure Of Detailed Information About The Mineral Property Maintenance And Exploration Costs 31 | 0 |
Exploration And Evaluation Assets Disclosure Of Detailed Information About The Mineral Property Maintenance And Exploration Costs 32 | 1,753 |
Exploration And Evaluation Assets Disclosure Of Detailed Information About The Mineral Property Maintenance And Exploration Costs 33 | 0 |
Exploration And Evaluation Assets Disclosure Of Detailed Information About The Mineral Property Maintenance And Exploration Costs 34 | 376 |
Exploration And Evaluation Assets Disclosure Of Detailed Information About The Mineral Property Maintenance And Exploration Costs 35 | 732 |
Exploration And Evaluation Assets Disclosure Of Detailed Information About The Mineral Property Maintenance And Exploration Costs 36 | 0 |
Exploration And Evaluation Assets Disclosure Of Detailed Information About The Mineral Property Maintenance And Exploration Costs 37 | 0 |
Exploration And Evaluation Assets Disclosure Of Detailed Information About The Mineral Property Maintenance And Exploration Costs 38 | 0 |
Exploration And Evaluation Assets Disclosure Of Detailed Information About The Mineral Property Maintenance And Exploration Costs 39 | 0 |
Exploration And Evaluation Assets Disclosure Of Detailed Information About The Mineral Property Maintenance And Exploration Costs 40 | 1,108 |
Exploration And Evaluation Assets Disclosure Of Detailed Information About The Mineral Property Maintenance And Exploration Costs 41 | 79 |
Exploration And Evaluation Assets Disclosure Of Detailed Information About The Mineral Property Maintenance And Exploration Costs 42 | 154 |
Exploration And Evaluation Assets Disclosure Of Detailed Information About The Mineral Property Maintenance And Exploration Costs 43 | 46 |
Exploration And Evaluation Assets Disclosure Of Detailed Information About The Mineral Property Maintenance And Exploration Costs 44 | 0 |
Exploration And Evaluation Assets Disclosure Of Detailed Information About The Mineral Property Maintenance And Exploration Costs 45 | 0 |
Exploration And Evaluation Assets Disclosure Of Detailed Information About The Mineral Property Maintenance And Exploration Costs 46 | 0 |
Exploration And Evaluation Assets Disclosure Of Detailed Information About The Mineral Property Maintenance And Exploration Costs 47 | 0 |
Exploration And Evaluation Assets Disclosure Of Detailed Information About The Mineral Property Maintenance And Exploration Costs 48 | 279 |
Exploration And Evaluation Assets Disclosure Of Detailed Information About The Mineral Property Maintenance And Exploration Costs 49 | 4 |
Exploration And Evaluation Assets Disclosure Of Detailed Information About The Mineral Property Maintenance And Exploration Costs 50 | 1 |
Exploration And Evaluation Assets Disclosure Of Detailed Information About The Mineral Property Maintenance And Exploration Costs 51 | 80 |
Exploration And Evaluation Assets Disclosure Of Detailed Information About The Mineral Property Maintenance And Exploration Costs 52 | 0 |
Exploration And Evaluation Assets Disclosure Of Detailed Information About The Mineral Property Maintenance And Exploration Costs 53 | 0 |
Exploration And Evaluation Assets Disclosure Of Detailed Information About The Mineral Property Maintenance And Exploration Costs 54 | 0 |
Exploration And Evaluation Assets Disclosure Of Detailed Information About The Mineral Property Maintenance And Exploration Costs 55 | 0 |
Exploration And Evaluation Assets Disclosure Of Detailed Information About The Mineral Property Maintenance And Exploration Costs 56 | 85 |
Exploration And Evaluation Assets Disclosure Of Detailed Information About The Mineral Property Maintenance And Exploration Costs 57 | 0 |
Exploration And Evaluation Assets Disclosure Of Detailed Information About The Mineral Property Maintenance And Exploration Costs 58 | 0 |
Exploration And Evaluation Assets Disclosure Of Detailed Information About The Mineral Property Maintenance And Exploration Costs 59 | 1,150 |
Exploration And Evaluation Assets Disclosure Of Detailed Information About The Mineral Property Maintenance And Exploration Costs 60 | 0 |
Exploration And Evaluation Assets Disclosure Of Detailed Information About The Mineral Property Maintenance And Exploration Costs 61 | 0 |
Exploration And Evaluation Assets Disclosure Of Detailed Information About The Mineral Property Maintenance And Exploration Costs 62 | 0 |
Exploration And Evaluation Assets Disclosure Of Detailed Information About The Mineral Property Maintenance And Exploration Costs 63 | 0 |
Exploration And Evaluation Assets Disclosure Of Detailed Information About The Mineral Property Maintenance And Exploration Costs 64 | 1,150 |
Exploration And Evaluation Assets Disclosure Of Detailed Information About The Mineral Property Maintenance And Exploration Costs 65 | 47 |
Exploration And Evaluation Assets Disclosure Of Detailed Information About The Mineral Property Maintenance And Exploration Costs 66 | 78 |
Exploration And Evaluation Assets Disclosure Of Detailed Information About The Mineral Property Maintenance And Exploration Costs 67 | 322 |
Exploration And Evaluation Assets Disclosure Of Detailed Information About The Mineral Property Maintenance And Exploration Costs 68 | 0 |
Exploration And Evaluation Assets Disclosure Of Detailed Information About The Mineral Property Maintenance And Exploration Costs 69 | 0 |
Exploration And Evaluation Assets Disclosure Of Detailed Information About The Mineral Property Maintenance And Exploration Costs 70 | 0 |
Exploration And Evaluation Assets Disclosure Of Detailed Information About The Mineral Property Maintenance And Exploration Costs 71 | 0 |
Exploration And Evaluation Assets Disclosure Of Detailed Information About The Mineral Property Maintenance And Exploration Costs 72 | 447 |
Exploration And Evaluation Assets Disclosure Of Detailed Information About The Mineral Property Maintenance And Exploration Costs 73 | 280 |
Exploration And Evaluation Assets Disclosure Of Detailed Information About The Mineral Property Maintenance And Exploration Costs 74 | 672 |
Exploration And Evaluation Assets Disclosure Of Detailed Information About The Mineral Property Maintenance And Exploration Costs 75 | 3,718 |
Exploration And Evaluation Assets Disclosure Of Detailed Information About The Mineral Property Maintenance And Exploration Costs 76 | 152 |
Exploration And Evaluation Assets Disclosure Of Detailed Information About The Mineral Property Maintenance And Exploration Costs 77 | 0 |
Exploration And Evaluation Assets Disclosure Of Detailed Information About The Mineral Property Maintenance And Exploration Costs 78 | 0 |
Exploration And Evaluation Assets Disclosure Of Detailed Information About The Mineral Property Maintenance And Exploration Costs 79 | 0 |
Exploration And Evaluation Assets Disclosure Of Detailed Information About The Mineral Property Maintenance And Exploration Costs 80 | 4,822 |
Exploration And Evaluation Assets Disclosure Of Detailed Information About The Mineral Property Maintenance And Exploration Costs 81 | 0 |
Exploration And Evaluation Assets Disclosure Of Detailed Information About The Mineral Property Maintenance And Exploration Costs 82 | 0 |
Exploration And Evaluation Assets Disclosure Of Detailed Information About The Mineral Property Maintenance And Exploration Costs 83 | 0 |
Exploration And Evaluation Assets Disclosure Of Detailed Information About The Mineral Property Maintenance And Exploration Costs 84 | 0 |
Exploration And Evaluation Assets Disclosure Of Detailed Information About The Mineral Property Maintenance And Exploration Costs 85 | 0 |
Exploration And Evaluation Assets Disclosure Of Detailed Information About The Mineral Property Maintenance And Exploration Costs 86 | (82) |
Exploration And Evaluation Assets Disclosure Of Detailed Information About The Mineral Property Maintenance And Exploration Costs 87 | (888) |
Exploration And Evaluation Assets Disclosure Of Detailed Information About The Mineral Property Maintenance And Exploration Costs 88 | (970) |
Exploration And Evaluation Assets Disclosure Of Detailed Information About The Mineral Property Maintenance And Exploration Costs 89 | 0 |
Exploration And Evaluation Assets Disclosure Of Detailed Information About The Mineral Property Maintenance And Exploration Costs 90 | 0 |
Exploration And Evaluation Assets Disclosure Of Detailed Information About The Mineral Property Maintenance And Exploration Costs 91 | 0 |
Exploration And Evaluation Assets Disclosure Of Detailed Information About The Mineral Property Maintenance And Exploration Costs 92 | 0 |
Exploration And Evaluation Assets Disclosure Of Detailed Information About The Mineral Property Maintenance And Exploration Costs 93 | 0 |
Exploration And Evaluation Assets Disclosure Of Detailed Information About The Mineral Property Maintenance And Exploration Costs 94 | (1,480) |
Exploration And Evaluation Assets Disclosure Of Detailed Information About The Mineral Property Maintenance And Exploration Costs 95 | 0 |
Exploration And Evaluation Assets Disclosure Of Detailed Information About The Mineral Property Maintenance And Exploration Costs 96 | (1,480) |
Exploration And Evaluation Assets Disclosure Of Detailed Information About The Mineral Property Maintenance And Exploration Costs 97 | (1,075) |
Exploration And Evaluation Assets Disclosure Of Detailed Information About The Mineral Property Maintenance And Exploration Costs 98 | (356) |
Exploration And Evaluation Assets Disclosure Of Detailed Information About The Mineral Property Maintenance And Exploration Costs 99 | (3,492) |
Exploration And Evaluation Assets Disclosure Of Detailed Information About The Mineral Property Maintenance And Exploration Costs 100 | (152) |
Exploration And Evaluation Assets Disclosure Of Detailed Information About The Mineral Property Maintenance And Exploration Costs 101 | 0 |
Exploration And Evaluation Assets Disclosure Of Detailed Information About The Mineral Property Maintenance And Exploration Costs 102 | 0 |
Exploration And Evaluation Assets Disclosure Of Detailed Information About The Mineral Property Maintenance And Exploration Costs 103 | 0 |
Exploration And Evaluation Assets Disclosure Of Detailed Information About The Mineral Property Maintenance And Exploration Costs 104 | (5,075) |
Exploration And Evaluation Assets Disclosure Of Detailed Information About The Mineral Property Maintenance And Exploration Costs 105 | 17,537 |
Exploration And Evaluation Assets Disclosure Of Detailed Information About The Mineral Property Maintenance And Exploration Costs 106 | 9,400 |
Exploration And Evaluation Assets Disclosure Of Detailed Information About The Mineral Property Maintenance And Exploration Costs 107 | 0 |
Exploration And Evaluation Assets Disclosure Of Detailed Information About The Mineral Property Maintenance And Exploration Costs 108 | 660 |
Exploration And Evaluation Assets Disclosure Of Detailed Information About The Mineral Property Maintenance And Exploration Costs 109 | 0 |
Exploration And Evaluation Assets Disclosure Of Detailed Information About The Mineral Property Maintenance And Exploration Costs 110 | 0 |
Exploration And Evaluation Assets Disclosure Of Detailed Information About The Mineral Property Maintenance And Exploration Costs 111 | 0 |
Exploration And Evaluation Assets Disclosure Of Detailed Information About The Mineral Property Maintenance And Exploration Costs 112 | 27,597 |
Exploration And Evaluation Assets Disclosure Of Detailed Information About The Mineral Property Maintenance And Exploration Costs 113 | 151 |
Exploration And Evaluation Assets Disclosure Of Detailed Information About The Mineral Property Maintenance And Exploration Costs 114 | 160 |
Exploration And Evaluation Assets Disclosure Of Detailed Information About The Mineral Property Maintenance And Exploration Costs 115 | 895 |
Exploration And Evaluation Assets Disclosure Of Detailed Information About The Mineral Property Maintenance And Exploration Costs 116 | 252 |
Exploration And Evaluation Assets Disclosure Of Detailed Information About The Mineral Property Maintenance And Exploration Costs 117 | 126 |
Exploration And Evaluation Assets Disclosure Of Detailed Information About The Mineral Property Maintenance And Exploration Costs 118 | 0 |
Exploration And Evaluation Assets Disclosure Of Detailed Information About The Mineral Property Maintenance And Exploration Costs 119 | 0 |
Exploration And Evaluation Assets Disclosure Of Detailed Information About The Mineral Property Maintenance And Exploration Costs 120 | 1,584 |
Exploration And Evaluation Assets Disclosure Of Detailed Information About The Mineral Property Maintenance And Exploration Costs 121 | 47 |
Exploration And Evaluation Assets Disclosure Of Detailed Information About The Mineral Property Maintenance And Exploration Costs 122 | 639 |
Exploration And Evaluation Assets Disclosure Of Detailed Information About The Mineral Property Maintenance And Exploration Costs 123 | 0 |
Exploration And Evaluation Assets Disclosure Of Detailed Information About The Mineral Property Maintenance And Exploration Costs 124 | 6 |
Exploration And Evaluation Assets Disclosure Of Detailed Information About The Mineral Property Maintenance And Exploration Costs 125 | 412 |
Exploration And Evaluation Assets Disclosure Of Detailed Information About The Mineral Property Maintenance And Exploration Costs 126 | 0 |
Exploration And Evaluation Assets Disclosure Of Detailed Information About The Mineral Property Maintenance And Exploration Costs 127 | 0 |
Exploration And Evaluation Assets Disclosure Of Detailed Information About The Mineral Property Maintenance And Exploration Costs 128 | 1,104 |
Exploration And Evaluation Assets Disclosure Of Detailed Information About The Mineral Property Maintenance And Exploration Costs 129 | 34 |
Exploration And Evaluation Assets Disclosure Of Detailed Information About The Mineral Property Maintenance And Exploration Costs 130 | 240 |
Exploration And Evaluation Assets Disclosure Of Detailed Information About The Mineral Property Maintenance And Exploration Costs 131 | 95 |
Exploration And Evaluation Assets Disclosure Of Detailed Information About The Mineral Property Maintenance And Exploration Costs 132 | 1 |
Exploration And Evaluation Assets Disclosure Of Detailed Information About The Mineral Property Maintenance And Exploration Costs 133 | 525 |
Exploration And Evaluation Assets Disclosure Of Detailed Information About The Mineral Property Maintenance And Exploration Costs 134 | 0 |
Exploration And Evaluation Assets Disclosure Of Detailed Information About The Mineral Property Maintenance And Exploration Costs 135 | 0 |
Exploration And Evaluation Assets Disclosure Of Detailed Information About The Mineral Property Maintenance And Exploration Costs 136 | 895 |
Exploration And Evaluation Assets Disclosure Of Detailed Information About The Mineral Property Maintenance And Exploration Costs 137 | 42 |
Exploration And Evaluation Assets Disclosure Of Detailed Information About The Mineral Property Maintenance And Exploration Costs 138 | 104 |
Exploration And Evaluation Assets Disclosure Of Detailed Information About The Mineral Property Maintenance And Exploration Costs 139 | 0 |
Exploration And Evaluation Assets Disclosure Of Detailed Information About The Mineral Property Maintenance And Exploration Costs 140 | 85 |
Exploration And Evaluation Assets Disclosure Of Detailed Information About The Mineral Property Maintenance And Exploration Costs 141 | 0 |
Exploration And Evaluation Assets Disclosure Of Detailed Information About The Mineral Property Maintenance And Exploration Costs 142 | 0 |
Exploration And Evaluation Assets Disclosure Of Detailed Information About The Mineral Property Maintenance And Exploration Costs 143 | 0 |
Exploration And Evaluation Assets Disclosure Of Detailed Information About The Mineral Property Maintenance And Exploration Costs 144 | 231 |
Exploration And Evaluation Assets Disclosure Of Detailed Information About The Mineral Property Maintenance And Exploration Costs 145 | 300 |
Exploration And Evaluation Assets Disclosure Of Detailed Information About The Mineral Property Maintenance And Exploration Costs 146 | 1,393 |
Exploration And Evaluation Assets Disclosure Of Detailed Information About The Mineral Property Maintenance And Exploration Costs 147 | 4 |
Exploration And Evaluation Assets Disclosure Of Detailed Information About The Mineral Property Maintenance And Exploration Costs 148 | 0 |
Exploration And Evaluation Assets Disclosure Of Detailed Information About The Mineral Property Maintenance And Exploration Costs 149 | 200 |
Exploration And Evaluation Assets Disclosure Of Detailed Information About The Mineral Property Maintenance And Exploration Costs 150 | 0 |
Exploration And Evaluation Assets Disclosure Of Detailed Information About The Mineral Property Maintenance And Exploration Costs 151 | 0 |
Exploration And Evaluation Assets Disclosure Of Detailed Information About The Mineral Property Maintenance And Exploration Costs 152 | 1,897 |
Exploration And Evaluation Assets Disclosure Of Detailed Information About The Mineral Property Maintenance And Exploration Costs 153 | 0 |
Exploration And Evaluation Assets Disclosure Of Detailed Information About The Mineral Property Maintenance And Exploration Costs 154 | 131 |
Exploration And Evaluation Assets Disclosure Of Detailed Information About The Mineral Property Maintenance And Exploration Costs 155 | 1 |
Exploration And Evaluation Assets Disclosure Of Detailed Information About The Mineral Property Maintenance And Exploration Costs 156 | 0 |
Exploration And Evaluation Assets Disclosure Of Detailed Information About The Mineral Property Maintenance And Exploration Costs 157 | 248 |
Exploration And Evaluation Assets Disclosure Of Detailed Information About The Mineral Property Maintenance And Exploration Costs 158 | 0 |
Exploration And Evaluation Assets Disclosure Of Detailed Information About The Mineral Property Maintenance And Exploration Costs 159 | 380 |
Exploration And Evaluation Assets Disclosure Of Detailed Information About The Mineral Property Maintenance And Exploration Costs 160 | 574 |
Exploration And Evaluation Assets Disclosure Of Detailed Information About The Mineral Property Maintenance And Exploration Costs 161 | 2,667 |
Exploration And Evaluation Assets Disclosure Of Detailed Information About The Mineral Property Maintenance And Exploration Costs 162 | 995 |
Exploration And Evaluation Assets Disclosure Of Detailed Information About The Mineral Property Maintenance And Exploration Costs 163 | 344 |
Exploration And Evaluation Assets Disclosure Of Detailed Information About The Mineral Property Maintenance And Exploration Costs 164 | 1,511 |
Exploration And Evaluation Assets Disclosure Of Detailed Information About The Mineral Property Maintenance And Exploration Costs 165 | 0 |
Exploration And Evaluation Assets Disclosure Of Detailed Information About The Mineral Property Maintenance And Exploration Costs 166 | 0 |
Exploration And Evaluation Assets Disclosure Of Detailed Information About The Mineral Property Maintenance And Exploration Costs 167 | 6,091 |
Exploration And Evaluation Assets Disclosure Of Detailed Information About The Mineral Property Maintenance And Exploration Costs 168 | (223) |
Exploration And Evaluation Assets Disclosure Of Detailed Information About The Mineral Property Maintenance And Exploration Costs 169 | (1,495) |
Exploration And Evaluation Assets Disclosure Of Detailed Information About The Mineral Property Maintenance And Exploration Costs 170 | (675) |
Exploration And Evaluation Assets Disclosure Of Detailed Information About The Mineral Property Maintenance And Exploration Costs 171 | 0 |
Exploration And Evaluation Assets Disclosure Of Detailed Information About The Mineral Property Maintenance And Exploration Costs 172 | 0 |
Exploration And Evaluation Assets Disclosure Of Detailed Information About The Mineral Property Maintenance And Exploration Costs 173 | 0 |
Exploration And Evaluation Assets Disclosure Of Detailed Information About The Mineral Property Maintenance And Exploration Costs 174 | 0 |
Exploration And Evaluation Assets Disclosure Of Detailed Information About The Mineral Property Maintenance And Exploration Costs 175 | (2,393) |
Exploration And Evaluation Assets Disclosure Of Detailed Information About The Mineral Property Maintenance And Exploration Costs 176 | 17,888 |
Exploration And Evaluation Assets Disclosure Of Detailed Information About The Mineral Property Maintenance And Exploration Costs 177 | 10,572 |
Exploration And Evaluation Assets Disclosure Of Detailed Information About The Mineral Property Maintenance And Exploration Costs 178 | 320 |
Exploration And Evaluation Assets Disclosure Of Detailed Information About The Mineral Property Maintenance And Exploration Costs 179 | 1,004 |
Exploration And Evaluation Assets Disclosure Of Detailed Information About The Mineral Property Maintenance And Exploration Costs 180 | 1,511 |
Exploration And Evaluation Assets Disclosure Of Detailed Information About The Mineral Property Maintenance And Exploration Costs 181 | 0 |
Exploration And Evaluation Assets Disclosure Of Detailed Information About The Mineral Property Maintenance And Exploration Costs 182 | 0 |
Exploration And Evaluation Assets Disclosure Of Detailed Information About The Mineral Property Maintenance And Exploration Costs 183 | $ 31,295 |
Disclosure of number and weight
Disclosure of number and weighted average exercise prices of share options (Details) | 12 Months Ended |
Dec. 31, 2017USD ($) | |
Statement [Line Items] | |
Share-based Payments Disclosure Of Number And Weighted Average Exercise Prices Of Share Options 1 | $ 15,710,000 |
Share-based Payments Disclosure Of Number And Weighted Average Exercise Prices Of Share Options 2 | 0.16 |
Share-based Payments Disclosure Of Number And Weighted Average Exercise Prices Of Share Options 3 | $ 15,765,000 |
Share-based Payments Disclosure Of Number And Weighted Average Exercise Prices Of Share Options 4 | 0.38 |
Share-based Payments Disclosure Of Number And Weighted Average Exercise Prices Of Share Options 5 | $ 2,900,000 |
Share-based Payments Disclosure Of Number And Weighted Average Exercise Prices Of Share Options 6 | 0.10 |
Share-based Payments Disclosure Of Number And Weighted Average Exercise Prices Of Share Options 7 | $ 3,025,000 |
Share-based Payments Disclosure Of Number And Weighted Average Exercise Prices Of Share Options 8 | 0.065 |
Share-based Payments Disclosure Of Number And Weighted Average Exercise Prices Of Share Options 9 | $ (2,500,000) |
Share-based Payments Disclosure Of Number And Weighted Average Exercise Prices Of Share Options 10 | (0.45) |
Share-based Payments Disclosure Of Number And Weighted Average Exercise Prices Of Share Options 11 | $ (2,870,000) |
Share-based Payments Disclosure Of Number And Weighted Average Exercise Prices Of Share Options 12 | (1.24) |
Share-based Payments Disclosure Of Number And Weighted Average Exercise Prices Of Share Options 13 | $ (60,000) |
Share-based Payments Disclosure Of Number And Weighted Average Exercise Prices Of Share Options 14 | (0.10) |
Share-based Payments Disclosure Of Number And Weighted Average Exercise Prices Of Share Options 15 | $ (210,000) |
Share-based Payments Disclosure Of Number And Weighted Average Exercise Prices Of Share Options 16 | (0.32) |
Share-based Payments Disclosure Of Number And Weighted Average Exercise Prices Of Share Options 17 | $ 16,050,000 |
Share-based Payments Disclosure Of Number And Weighted Average Exercise Prices Of Share Options 18 | 0.16 |
Share-based Payments Disclosure Of Number And Weighted Average Exercise Prices Of Share Options 19 | $ 15,710,000 |
Share-based Payments Disclosure Of Number And Weighted Average Exercise Prices Of Share Options 20 | 0.16 |
Share-based Payments Disclosure Of Number And Weighted Average Exercise Prices Of Share Options 21 | $ 15,850,000 |
Share-based Payments Disclosure Of Number And Weighted Average Exercise Prices Of Share Options 22 | 0.17 |
Share-based Payments Disclosure Of Number And Weighted Average Exercise Prices Of Share Options 23 | $ 15,310,000 |
Share-based Payments Disclosure Of Number And Weighted Average Exercise Prices Of Share Options 24 | 0.17 |
Disclosure of number and weig39
Disclosure of number and weighted average remaining contractual life of outstanding share options (Details) | 12 Months Ended |
Dec. 31, 2017USD ($) | |
Statement [Line Items] | |
Share-based Payments Disclosure Of Number And Weighted Average Remaining Contractual Life Of Outstanding Share Options 1 | 0.50 |
Share-based Payments Disclosure Of Number And Weighted Average Remaining Contractual Life Of Outstanding Share Options 2 | $ 0 |
Share-based Payments Disclosure Of Number And Weighted Average Remaining Contractual Life Of Outstanding Share Options 3 | $ 100,000 |
Share-based Payments Disclosure Of Number And Weighted Average Remaining Contractual Life Of Outstanding Share Options 4 | 0.45 |
Share-based Payments Disclosure Of Number And Weighted Average Remaining Contractual Life Of Outstanding Share Options 5 | $ 0 |
Share-based Payments Disclosure Of Number And Weighted Average Remaining Contractual Life Of Outstanding Share Options 6 | $ 2,400,000 |
Share-based Payments Disclosure Of Number And Weighted Average Remaining Contractual Life Of Outstanding Share Options 7 | 0.16 |
Share-based Payments Disclosure Of Number And Weighted Average Remaining Contractual Life Of Outstanding Share Options 8 | $ 3,760,000 |
Share-based Payments Disclosure Of Number And Weighted Average Remaining Contractual Life Of Outstanding Share Options 9 | $ 3,760,000 |
Share-based Payments Disclosure Of Number And Weighted Average Remaining Contractual Life Of Outstanding Share Options 10 | 0.10 |
Share-based Payments Disclosure Of Number And Weighted Average Remaining Contractual Life Of Outstanding Share Options 11 | $ 2,815,000 |
Share-based Payments Disclosure Of Number And Weighted Average Remaining Contractual Life Of Outstanding Share Options 12 | $ 2,815,000 |
Share-based Payments Disclosure Of Number And Weighted Average Remaining Contractual Life Of Outstanding Share Options 13 | 0.05 |
Share-based Payments Disclosure Of Number And Weighted Average Remaining Contractual Life Of Outstanding Share Options 14 | $ 1,000,000 |
Share-based Payments Disclosure Of Number And Weighted Average Remaining Contractual Life Of Outstanding Share Options 15 | $ 1,000,000 |
Share-based Payments Disclosure Of Number And Weighted Average Remaining Contractual Life Of Outstanding Share Options 16 | 0.05 |
Share-based Payments Disclosure Of Number And Weighted Average Remaining Contractual Life Of Outstanding Share Options 17 | $ 200,000 |
Share-based Payments Disclosure Of Number And Weighted Average Remaining Contractual Life Of Outstanding Share Options 18 | $ 200,000 |
Share-based Payments Disclosure Of Number And Weighted Average Remaining Contractual Life Of Outstanding Share Options 19 | 0.13 |
Share-based Payments Disclosure Of Number And Weighted Average Remaining Contractual Life Of Outstanding Share Options 20 | $ 2,380,000 |
Share-based Payments Disclosure Of Number And Weighted Average Remaining Contractual Life Of Outstanding Share Options 21 | $ 2,410,000 |
Share-based Payments Disclosure Of Number And Weighted Average Remaining Contractual Life Of Outstanding Share Options 22 | 0.065 |
Share-based Payments Disclosure Of Number And Weighted Average Remaining Contractual Life Of Outstanding Share Options 23 | $ 2,995,000 |
Share-based Payments Disclosure Of Number And Weighted Average Remaining Contractual Life Of Outstanding Share Options 24 | $ 3,025,000 |
Share-based Payments Disclosure Of Number And Weighted Average Remaining Contractual Life Of Outstanding Share Options 25 | 0.095 |
Share-based Payments Disclosure Of Number And Weighted Average Remaining Contractual Life Of Outstanding Share Options 26 | $ 2,900,000 |
Share-based Payments Disclosure Of Number And Weighted Average Remaining Contractual Life Of Outstanding Share Options 27 | 0 |
Share-based Payments Disclosure Of Number And Weighted Average Remaining Contractual Life Of Outstanding Share Options 28 | 16,050,000 |
Share-based Payments Disclosure Of Number And Weighted Average Remaining Contractual Life Of Outstanding Share Options 29 | $ 15,710,000 |
Disclosure of detailed inform40
Disclosure of detailed information about options, valuation assumptions (Details) | 12 Months Ended |
Dec. 31, 2017CAD ($) | |
Statement [Line Items] | |
Share-based Payments Disclosure Of Detailed Information About Options, Valuation Assumptions 1 | $ 0.08 |
Share-based Payments Disclosure Of Detailed Information About Options, Valuation Assumptions 2 | 0.06 |
Share-based Payments Disclosure Of Detailed Information About Options, Valuation Assumptions 3 | $ 0.09 |
Share-based Payments Disclosure Of Detailed Information About Options, Valuation Assumptions 4 | 0.60% |
Share-based Payments Disclosure Of Detailed Information About Options, Valuation Assumptions 5 | 0.60% |
Share-based Payments Disclosure Of Detailed Information About Options, Valuation Assumptions 6 | 0.48% |
Share-based Payments Disclosure Of Detailed Information About Options, Valuation Assumptions 7 | 85.00% |
Share-based Payments Disclosure Of Detailed Information About Options, Valuation Assumptions 8 | 141.00% |
Share-based Payments Disclosure Of Detailed Information About Options, Valuation Assumptions 9 | 143.00% |
Share-based Payments Disclosure Of Detailed Information About Options, Valuation Assumptions 10 | 5 |
Share-based Payments Disclosure Of Detailed Information About Options, Valuation Assumptions 11 | 5 |
Share-based Payments Disclosure Of Detailed Information About Options, Valuation Assumptions 12 | 5 |
Share-based Payments Disclosure Of Detailed Information About Options, Valuation Assumptions 13 | 0.00% |
Share-based Payments Disclosure Of Detailed Information About Options, Valuation Assumptions 14 | 0.00% |
Share-based Payments Disclosure Of Detailed Information About Options, Valuation Assumptions 15 | 0.00% |
Share-based Payments Disclosure Of Detailed Information About Options, Valuation Assumptions 16 | 0.00% |
Share-based Payments Disclosure Of Detailed Information About Options, Valuation Assumptions 17 | 0.00% |
Share-based Payments Disclosure Of Detailed Information About Options, Valuation Assumptions 18 | 0.00% |
Additional information about sh
Additional information about share-based payment arrangements (Details) | 12 Months Ended |
Dec. 31, 2017USD ($) | |
Statement [Line Items] | |
Share-based Payments Additional Information About Share-based Payment Arrangements 1 | $ 55 |
Share-based Payments Additional Information About Share-based Payment Arrangements 2 | 30 |
Share-based Payments Additional Information About Share-based Payment Arrangements 3 | 38 |
Share-based Payments Additional Information About Share-based Payment Arrangements 4 | 88 |
Share-based Payments Additional Information About Share-based Payment Arrangements 5 | 85 |
Share-based Payments Additional Information About Share-based Payment Arrangements 6 | 146 |
Share-based Payments Additional Information About Share-based Payment Arrangements 7 | 26 |
Share-based Payments Additional Information About Share-based Payment Arrangements 8 | 21 |
Share-based Payments Additional Information About Share-based Payment Arrangements 9 | 24 |
Share-based Payments Additional Information About Share-based Payment Arrangements 10 | 169 |
Share-based Payments Additional Information About Share-based Payment Arrangements 11 | 136 |
Share-based Payments Additional Information About Share-based Payment Arrangements 12 | $ 208 |
Disclosure of detailed inform42
Disclosure of detailed information about warrants outstanding (Details) | 12 Months Ended | |
Dec. 31, 2017USD ($) | Dec. 31, 2017CAD ($) | |
Statement [Line Items] | ||
Share-based Payments Disclosure Of Detailed Information About Warrants Outstanding 1 | $ 0.16 | |
Share-based Payments Disclosure Of Detailed Information About Warrants Outstanding 2 | $ 5,721,000 | |
Share-based Payments Disclosure Of Detailed Information About Warrants Outstanding 3 | 0.15 | 0.15 |
Share-based Payments Disclosure Of Detailed Information About Warrants Outstanding 4 | $ 29,810,000 | |
Share-based Payments Disclosure Of Detailed Information About Warrants Outstanding 5 | 0.16 | 0.16 |
Share-based Payments Disclosure Of Detailed Information About Warrants Outstanding 6 | $ 19,000,000 | |
Share-based Payments Disclosure Of Detailed Information About Warrants Outstanding 7 | $ 54,531,000 |
Disclosure of information about
Disclosure of information about key management personnel (Details) | 12 Months Ended |
Dec. 31, 2017USD ($) | |
Statement [Line Items] | |
Related Party Transactions Disclosure Of Information About Key Management Personnel 1 | $ 431 |
Related Party Transactions Disclosure Of Information About Key Management Personnel 2 | 367 |
Related Party Transactions Disclosure Of Information About Key Management Personnel 3 | 517 |
Related Party Transactions Disclosure Of Information About Key Management Personnel 4 | 36 |
Related Party Transactions Disclosure Of Information About Key Management Personnel 5 | 36 |
Related Party Transactions Disclosure Of Information About Key Management Personnel 6 | 18 |
Related Party Transactions Disclosure Of Information About Key Management Personnel 7 | 88 |
Related Party Transactions Disclosure Of Information About Key Management Personnel 8 | 85 |
Related Party Transactions Disclosure Of Information About Key Management Personnel 9 | 146 |
Related Party Transactions Disclosure Of Information About Key Management Personnel 10 | 555 |
Related Party Transactions Disclosure Of Information About Key Management Personnel 11 | 488 |
Related Party Transactions Disclosure Of Information About Key Management Personnel 12 | $ 681 |
Disclosure of detailed inform44
Disclosure of detailed information about effective income tax expense recovery (Details) | 12 Months Ended |
Dec. 31, 2017USD ($) | |
Statement [Line Items] | |
Deferred Income Taxes Disclosure Of Detailed Information About Effective Income Tax Expense Recovery 1 | $ (1,240) |
Deferred Income Taxes Disclosure Of Detailed Information About Effective Income Tax Expense Recovery 2 | $ 1,865 |
Deferred Income Taxes Disclosure Of Detailed Information About Effective Income Tax Expense Recovery 3 | 26.00% |
Deferred Income Taxes Disclosure Of Detailed Information About Effective Income Tax Expense Recovery 4 | 26.00% |
Deferred Income Taxes Disclosure Of Detailed Information About Effective Income Tax Expense Recovery 5 | $ (323) |
Deferred Income Taxes Disclosure Of Detailed Information About Effective Income Tax Expense Recovery 6 | (485) |
Deferred Income Taxes Disclosure Of Detailed Information About Effective Income Tax Expense Recovery 7 | (29) |
Deferred Income Taxes Disclosure Of Detailed Information About Effective Income Tax Expense Recovery 8 | (145) |
Deferred Income Taxes Disclosure Of Detailed Information About Effective Income Tax Expense Recovery 9 | 0 |
Deferred Income Taxes Disclosure Of Detailed Information About Effective Income Tax Expense Recovery 10 | (77) |
Deferred Income Taxes Disclosure Of Detailed Information About Effective Income Tax Expense Recovery 11 | 4,312 |
Deferred Income Taxes Disclosure Of Detailed Information About Effective Income Tax Expense Recovery 12 | (138) |
Deferred Income Taxes Disclosure Of Detailed Information About Effective Income Tax Expense Recovery 13 | (425) |
Deferred Income Taxes Disclosure Of Detailed Information About Effective Income Tax Expense Recovery 14 | 0 |
Deferred Income Taxes Disclosure Of Detailed Information About Effective Income Tax Expense Recovery 15 | (33) |
Deferred Income Taxes Disclosure Of Detailed Information About Effective Income Tax Expense Recovery 16 | 513 |
Deferred Income Taxes Disclosure Of Detailed Information About Effective Income Tax Expense Recovery 17 | (3,502) |
Deferred Income Taxes Disclosure Of Detailed Information About Effective Income Tax Expense Recovery 18 | 332 |
Deferred Income Taxes Disclosure Of Detailed Information About Effective Income Tax Expense Recovery 19 | 0 |
Deferred Income Taxes Disclosure Of Detailed Information About Effective Income Tax Expense Recovery 20 | $ 0 |
Disclosure of temporary differe
Disclosure of temporary difference, unused tax losses and unused tax credits (Details) | 12 Months Ended |
Dec. 31, 2017USD ($) | |
Statement [Line Items] | |
Deferred Income Taxes Disclosure Of Temporary Difference, Unused Tax Losses And Unused Tax Credits 1 | $ 9,255 |
Deferred Income Taxes Disclosure Of Temporary Difference, Unused Tax Losses And Unused Tax Credits 2 | 33,583 |
Deferred Income Taxes Disclosure Of Temporary Difference, Unused Tax Losses And Unused Tax Credits 3 | 2,337 |
Deferred Income Taxes Disclosure Of Temporary Difference, Unused Tax Losses And Unused Tax Credits 4 | 0 |
Deferred Income Taxes Disclosure Of Temporary Difference, Unused Tax Losses And Unused Tax Credits 5 | 3,352 |
Deferred Income Taxes Disclosure Of Temporary Difference, Unused Tax Losses And Unused Tax Credits 6 | 4,329 |
Deferred Income Taxes Disclosure Of Temporary Difference, Unused Tax Losses And Unused Tax Credits 7 | 12 |
Deferred Income Taxes Disclosure Of Temporary Difference, Unused Tax Losses And Unused Tax Credits 8 | 69 |
Deferred Income Taxes Disclosure Of Temporary Difference, Unused Tax Losses And Unused Tax Credits 9 | 16 |
Deferred Income Taxes Disclosure Of Temporary Difference, Unused Tax Losses And Unused Tax Credits 10 | 90 |
Deferred Income Taxes Disclosure Of Temporary Difference, Unused Tax Losses And Unused Tax Credits 11 | 14,972 |
Deferred Income Taxes Disclosure Of Temporary Difference, Unused Tax Losses And Unused Tax Credits 12 | $ 38,071 |
Disclosure of detailed inform46
Disclosure of detailed information about deferred tax assets expiration (Details) | 12 Months Ended |
Dec. 31, 2017USD ($) | |
Statement [Line Items] | |
Deferred Income Taxes Disclosure Of Detailed Information About Deferred Tax Assets Expiration 1 | $ 557 |
Deferred Income Taxes Disclosure Of Detailed Information About Deferred Tax Assets Expiration 2 | 713 |
Deferred Income Taxes Disclosure Of Detailed Information About Deferred Tax Assets Expiration 3 | 18,313 |
Deferred Income Taxes Disclosure Of Detailed Information About Deferred Tax Assets Expiration 4 | 19,098 |
Deferred Income Taxes Disclosure Of Detailed Information About Deferred Tax Assets Expiration 5 | 18,870 |
Deferred Income Taxes Disclosure Of Detailed Information About Deferred Tax Assets Expiration 6 | $ 19,811 |